Global Automatic Pill Dispenser Market to reach USD XX billion by 2027.Global Automatic Pill Dispenser Market is valued approximately at USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2021-2027. Automatic pill dispenser devices are meant to distribute various tablets separately based on dose and timing parameters set by the user. For patients with complex prescription regimens and memory loss problems, the automated pill dispenser system helps to deliver the proper drug and dose. The elderly population is growing all over the world, and they are disproportionately impacted by chronic diseases. With the passing of time, geriatric people's forgetfulness grows more prevalent, making it difficult to keep track of their medicines. Furthermore, according to the United Nations Department of Economic and Social Affairs (UN DESA), World Population Ageing Highlights, 2020, there were 728 million individuals aged 65 and up in the world, with 1.5 billion expected by 2050. Furthermore, growing burden of diseases boost the market growth of automated pill dispenser in the upcoming years. Dementia, chronic obstructive pulmonary disease, depression, diabetes, back and neck pain, and heart illnesses were the most prevalent in older adults in 2018, according to the World Health Organization (WHO). As a result of the above facts, the automatic pill dispenser market is anticipated to develop at a healthy rate over the forecast period. However, High cost associated with automatic pill dispenser may impede market growth over the forecast period of 2021-2027.
The automatic pill dispenser market is dominated by the North American region, which is likely to continue to dominate over the forecast period. The North American market is controlled by several regional and worldwide companies due to widespread adoption of technologically sophisticated solutions to make patient care more convenient, a huge pool of clients, and a rapidly growing elderly population.
Major market player included in this report are:
Swisslog Healthcare
Capsa Healthcare
Mckesson Corporation
Pharmacell Medication Systems Ltd
Cerner Corporation
Koninklijke Philips N.V.
ScriptPro LLC
Yuyama Co Ltd
Medminder Systems, Inc
Hero Health, Inc
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Centralized Automated Dispensing Systems
Robots/Robotic Automated Dispensing Systems
Carousels
Decentralized Automated Dispensing Systems
Pharmacy-Based Automated Dispensing Systems
By Indication:
Dementia
Old age
Visual Impairment
Physical Disability
Parkinson's Disease
By Application:
Hospital Pharmacy
Retail Pharmacy
Home Healthcare
By age group:
18-64 Years
65-74 Years
75-84 Years
85 Years and Above
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.
Target Audience of the Global Automatic Pill Dispenser Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
